Universal Sompo Hospital Cash Insurance Plan

This is a hospital cash policy that provides the insured with daily allowance when admitted into a hospital for treatment. This health insurance plan offers flexible premium and sum assured choices as well as the option to choose from 6 different daily allowance limits. The scheme can be availed by individuals for themselves, spouse, dependent children and dependent parents. The policy can be purchased without undergoing any medical test up to the age of 55 years. The policy offers Intensive Care benefits, Convalescence benefits and many such attractive benefits.

Features of Universal Sompo Hospital Cash Insurance:

Min – 18 years
Max – 70 years
Children within 6 months to 25 years can also be covered as dependents

Basis

Individual

Premium

Single Premium – Rs.188 to Rs.43,000
Annual premium amounts are as follows (as per daily allowance limit chosen):
For daily allowance of Rs.500

Age (years)

15 days (Rs.)

30 days (Rs.)

45 days (Rs.)

60 days (Rs.)

90 days (Rs.)

180 days (Rs.)

0.6 - 25

188

375

563

750

1,125

2,250

26 – 40

263

525

788

1,050

1,575

3,150

41 – 50

375

750

1,125

1,500

2,250

4,500

51 – 60

413

825

1,238

1,650

2,475

4,950

61 – 70

450

900

1,350

1,800

2,700

5,400

71 – 80

750

1,500

2,250

3,000

4,500

9,000

80+

900

1,800

2,700

3,600

5,400

10,800

For daily allowance of Rs.1,000

Age (years)

15 days (Rs.)

30 days (Rs.)

45 days (Rs.)

60 days (Rs.)

90 days (Rs.)

180 days (Rs.)

0.6 - 25

390

762

1,134

1,500

2,250

4,500

26 – 40

540

1,062

1,598

2,100

3,150

6,300

41 – 50

765

1,530

2,264

3,000

4,500

9,000

51 – 60

833

1,665

2,489

3,300

4,950

9,900

61 – 70

915

1,809

2,790

3,600

5,400

10,800

71 – 80

1,545

3,015

4,658

6,000

9,000

18,000

80+

1,875

3,660

5,513

7,200

10,800

21,600

For daily allowance of Rs.1,500

Age (years)

15 days (Rs.)

30 days (Rs.)

45 days (Rs.)

60 days (Rs.)

90 days (Rs.)

180 days (Rs.)

0.6 - 25

567

1140

1688

2300

3375

6750

26 – 40

794

1605

2363

3240

4725

9450

41 – 50

1136

2280

3375

4635

6750

13500

51 – 60

1245

2505

3713

5040

7425

14850

61 – 70

1359

2835

4050

5511

8100

16200

71 – 80

2310

4770

6750

9201

13500

27000

80+

2727

5517

8100

11012

16200

32400

For daily allowance of Rs.2,000

Age (years)

15 days (Rs.)

30 days (Rs.)

45 days (Rs.)

60 days (Rs.)

90 days (Rs.)

180 days (Rs.)

0.6 - 25

750

1500

2340

3000

4464

9000

26 – 40

1050

2100

3321

4200

6298

12600

41 – 50

1500

3000

4662

6000

8998

18000

51 – 60

1650

3300

4968

6600

10098

19800

61 – 70

1800

3600

5480

7200

10822

21600

71 – 80

3000

6000

9080

12000

18048

36000

80+

3600

7200

10879

14400

21956

43200

For daily allowance of Rs.2,500

Age (years)

15 days (Rs.)

30 days (Rs.)

45 days (Rs.)

60 days (Rs.)

90 days (Rs.)

180 days (Rs.)

0.6 - 25

938

1875

2813

3750

5625

11250

26 – 40

1313

2625

3938

5250

7875

15750

41 – 50

1875

3750

5625

7500

11250

22500

51 – 60

2063

4125

6188

8250

12375

24750

61 – 70

2250

4500

6750

9000

13500

27000

71 – 80

3750

7500

11250

15000

22500

45000

80+

4500

9000

13500

18000

27000

54000

For daily allowance of Rs.3,000

Age (years)

15 days (Rs.)

30 days (Rs.)

45 days (Rs.)

60 days (Rs.)

90 days (Rs.)

180 days (Rs.)

0.6 - 25

1110

2295

3375

4500

6885

13500

26 – 40

1605

3195

4725

6300

9585

18900

41 – 50

2266

4545

6750

9000

13635

27000

51 – 60

2510

4995

7425

9900

14985

29700

61 – 70

2731

5445

8100

10800

16335

32400

71 – 80

4541

9045

13500

18000

27135

54000

80+

5515

10845

16200

21600

32535

64800

Sum assured

For Hospital Confinement Benefit

Options

I

II

III

IV

V

VI

Amount per day

Rs.500

Rs.1,000

Rs.1,500

Rs.2,000

Rs.2,500

Rs.3,000

Max Amount per Policy tenure

Rs.90,000

Rs.1.8 lakhs

Rs.2.7 lakhs

Rs.3.6 lakhs

Rs.4.5 lakhs

Rs.5.4 lakhs

For Intensive Care benefit

2 times Hospital Confinement Benefit

For Convalescence Benefit

Rs.X once during policy tenure provided you were hospitalized for more than 21 days

Policy term

1 year

Renewability

Lifetime renewability option

Cover offered

Hospital Confinement Benefit – Daily Allowance to help support financial requirements arising out of hospitalization
Intensive Care Benefit – Twice the Daily Allowance amount for intensive care unit admissions
Convalescence Benefit – When hospitalization extends for more than 21 days, this benefit is paid out as per the policy schedule

Discount

2 year premium payment as advance will attract 10% discount

3 year premium payment in advance will attract 15% discount

5% discount on family enrolment

Benefits

No medical screening till 55 years, post which 50% of screening costs will be reimbursed.

Cashless hospitalization in any of the network hospitals.

Tax exemptions as per Section 80D of the Income Tax Act, 1961.

6 flexible options for deciding cover and daily allowance limits.

Exclusions

The following exclusions are in effect:

Pre-existing diseases not covered for the first 48 months of continuous policy coverage. The time period may be scrapped or reduced if the insured already has continuous health coverage from other Indian general insurers.